The best advice I received from a seminar last
year was to stay away from preferreds as down
the road they will end up for the most part is
diluted common stock. Also with no dividend. Amen, this advice saved me a fortune in potential capital loss as I sold everything.
I am a member of the Oxford Club. Can any one tell me how low can the stock in the perpetual money can go and still be able to pay SOME dividend. I get no answer from the Club, other than keep buying. I am down quite a bit (on paper) so far. How much lower can these guys go?
I am in the Chairman's Circle of the Oxford Club.
Excellent investment group; I decided to retire early and do my own investing. I chose the Oxford Club to be one of my investment advisors. Utilizing their recommendations has allowed me to make a nice investment income and have more time with my family. Now is a good time to load up on the perpetual money portfolio picks. The prices are low and the dividends are high. CHY is just one of the perpetual money portfolio recommendations. I bought a few years ago.